In real estate development, increasing the number of units built on the same parcel of land reduces the cost per unit through a concept known as:
A. Law of diminishing returns
B. Macroeconomics
C. Eminent domain
D. Economies of scale
D
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Answer the following statements true (T) or false (F)
1. Conservation easements are contracts which permanently restrict the future use and development of land and directly reduce the amount of taxes that are due by the decedent’s estate. 2. The amount that allows for exclusion of federal estate taxes for 2016, as provided from the American Taxpayer Relief Act of 2012 is $4.43 million. 3. The American Taxpayer Relief Act of 2012 allows for an estate to not to have to pay state estate taxes if under $5.43 million. 4. Portability allows a surviving spouse to use any unused portion of the deceased spouse’s exclusion amount, thus reducing his or her estate tax liability. 5. After the gross estate is calculated, cash can be deducted from the table estate, thus adjusting the gross taxable estate.
Qualified immunity is immunity that has limits or conditions, such as a good faith requirement
Indicate whether the statement is true or false
How does the Statute of Frauds impact the law of contacts?
What will be an ideal response?
The party contesting a discretionary decision by the trial judge has
a. a high burden of proof. b. a low burden of proof. c. an even burden of proof. d. no burden of proof.